“A report from the Information Technology & Innovation Foundation (ITIF) estimated that if U.S. cloud providers were to lose 10-20% of foreign business, it would cost them anywhere from $21.5-35 billion over the next three years. But their losses present a big opportunity for European and Asian companies to pick up the slack from the growing global cloud market. A market that’s forecast to be worth $148.8 billion in 2014… $160 billion in 2015… and $207 billion in 2016. Artmotion, Switzerland’s largest offshore hosting company, has already scooped up a big portion of the leftovers. Since the Snowden leaks, its revenue has bounced 45% higher.”
http://dailyreckoning.com/stormy-weather-in-u-s-cloud-computing/
Related posts:
Roger Waters Exposes How White Helmets Recruit Celebs With Saudi Money
Drone-Hunter's Motto: "The Fly in Town -- they Get Shot Down"
Cop Acquitted After Killing Man Crawling On Hotel Floor Begging for His Life
Three Telling Stories, One Disruptive Company
The Benefits of Bitcoin in International Travel
Colorado Recreational Weed Sales Top $14 Million In First Month
Who's 'the Harvey Weinstein of' Sex Work? The Police
National Bank of Canada foreclosing Americans’ homes over credit card debt
French Anti-Uber Protest: Cabbies Burn Cars, Attack Uber Drivers
Why Is The IRS Scared To Give Up The Rest of Lois Lerner’s Emails?
Obama rodeo clown: People have lost their ability to laugh
FDA Going After Raw Milk Cheese Despite Absence of a Single Documented Case in 23 Years
Skype with care – Microsoft is reading everything you write
Federal judge: Bitcoin, “a currency,” can be regulated under American law
Justin Raimondo: The EU – A CIA Covert Operation